Defense exports in 2018 down by $1.7 billion, ministry says

The Defense Ministry says that defense exports in 2018 were worth around $7.5 billion, a decrease of $1.7 billion compared to 2017.

According to the ministry’s exports department, the largest percentage of sales, around a quarter, were of missile and missile defense systems, Globes reported.

Around 15 percent of defense exports were of unmanned aircraft, 14% were of radar systems and electronic warfare systems, 14% were upgrades and avionics and 12% were weapons stations. In addition there were exports of optronics systems, satellite and space systems as well as cyber products.

According to the figures, 46% of Israeli defense exports in 2018 were to Asia and the Pacific, 26% to Europe, 20% to North America, 6% to Latin America and 2% to Africa.

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